Hello! How come the APY for the USDT/USDN pool is

Question

Waves.Exchange English group

Redbeard

Hello! How come the APY for the USDT/USDN pool is

so incredibly high (100%)? Could somebody explain how it works? Yesterday it was around 30%

#english #exchange #waves

0

06.04.2022

6 ответов

2 просмотра

julia

Hi, due to huge volume recently. More info about vAPY and how it is counted you can find here

0

06.04.2022

Woodybrando

oh or it could be because the apy calculator is tied to the LP price so as the USDN price inflation hits the LP it makes the calculator think the LP has gone up and factors it into the 100%+ apy calculation

0

06.04.2022

Woodybrando

julia
Hi, due to huge volume recently. More info about v...

oh good link thx

0

06.04.2022

julia

Woodybrando
oh good link thx

You’re always welcome.

0

06.04.2022

Redbeard Автор вопроса

julia
Hi, due to huge volume recently. More info about v...

Thanks!

0

06.04.2022

Woodybrando · Accepted Answer

Woodybrando

I would guess there’s just tons of arbitrage going on so maybe the fees are just stacking up faster but just a guess

0

06.04.2022

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